The new quarterly figures from Siemens Healthineers will come on November 2nd. The analysts at Deutsche Bank expect a rather weak end of the financial year. Sales should drop by 2 percent. Adjusted EBIT should show a minus of 18 percent. There should be no growth in any area.
From the perspective of analysts at Deutsche Bank, the 2020 forecast should be feasible. What will be important is how the forecast for the new financial year will turn out. There could be further pressure on business in winter due to new Covid-19 cases. It will be interesting to see whether the prognosis reflects this.
The analysts stick to the hold recommendation for the shares of Siemens Healthineers. The price target for the share was previously EUR 40.00. In the current study, it sinks to 39.00 euros.
The shares of Siemens Healthineers lose 0.6 percent in the morning to 36.875 euros.
At a glance – chart and news: Siemens Healthineers AG